Photo: JFVoll · CC BY-SA 4.0An old town: 63% of the homes in Centremount predate 1961, where Ontario’s towns have 22%
The middle home was worth $700,000 at the 2021 census, the average $658,057. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Centremount.
What Centremount’s homes are worth, two ways
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $658K
- Owners
- 1,055
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH). · Source area for assessed values, values by property type and building permits: the city of Hamilton
Houses in Hamilton carry assessments 52% over the middle of Ontario’s towns
Of Hamilton’s 178,695 residential properties on the 2024 roll, 71% are detached houses and 6% are condos.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
Major repairs needed: 10% of the homes in Centremount, where Ontario’s towns have 6%
The 2021 census counted 1,685 occupied homes in Centremount; 68% of them are single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Centremount | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 7% | 5% | 3% |
| Households in core housing need | 11% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Hamilton ran at 16 homes a year per 1,000, near the 15 of Ontario’s towns
From 2018 to 2023, permits in Hamilton created 20,374 homes, about 3,396 a year. Only 15% went into single-unit buildings, beside 66% for Ontario’s towns. Behind monthly permits sits data gathered across the Hamilton metro area, with Centremount one part of it.
Most in 2023: 5,130 new homes
New homes a year per 1,000 homes
3,048 new homes in the 12 months to August 2026, up 8% on the year before
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Centremount sits close to the $695,000 median of Ontario’s towns
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Centremount: Corktown, Inch Park and Balfour
Next to Centremount: 2021 census values and the share of owners.
Questions about property prices in Centremount
How many households in Centremount are in core housing need?
In line with Ontario’s towns (9%): 11% in Centremount, counting the households whose home falls short on cost, size or repair.
Is Centremount expensive for Ontario?
In the middle: Ontario’s towns come to $695,000, and so, near enough, does Centremount.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).